News

SSE sells street lighting PFIs

SSE has sold its interest in three public financing initiative (PFI) street lighting entities to a DIF Infrastructure fund. The sale is expected to make £130 million and will conclude SSE’s two-year £1.1 billion programme to reduce debt and raise…

France’s nuclear bailout faces Commission probe

The European Commission has opened an in-depth investigation to determine whether France broke State Aid rules when it brokered a €4 billion bailout for Areva, the company due to supply the reactor for EDF’s Hinkley Point C project. Areva is…